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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Market

Ex-Lehman, GIC managers fuel Asia hedge-fund industry renewal

Posted on 12 June 2009

From Bloomberg: Former Lehman Brothers Holdings Inc. and Government of Singapore Investment Corp. traders are among an estimated 32 hedge-fund startups in Asia that are offering strategies beyond equities, after a record 180 funds closed in the region during last year’s global markets rout.

About 65 percent of hedge funds in Asia trade only equities, compared with a global average of 44 percent, data compiled by Singapore-based GFIA Pte and Eurekahedge Pte show……..Full Article: Source


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